Tag: exchange rate
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Rand set for biggest weekly gain against dollar in nine months
The rand was steady on Friday morning‚ remaining on track for its best weekly performance against the dollar in about nine months and backing...
Rand rallies to a three-week high before rates decision
The rand rallied to a three-week high against the dollar on Thursday morning‚ outperforming its emerging-market peers.
The strong push in the value of the...
Rand does well in line with other risk assets as dollar retreats
The rand extended gains on Tuesday afternoon‚ as the dollar lost ground against a basket of currencies‚ notably the euro.
The weaker dollar also boosted...
Rand set for biggest weekly gain against the dollar since December
The rand rallied on Friday morning‚ putting it on track for its best weekly gain against the dollar since December.
The rand benefited from a...
Rand remains firmer but fails to break through R15/$
The rand remained a little stronger on Tuesday afternoon‚ but was off the day’s best levels as good news from the latest manufacturing data...